• Crypto Lists
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Altcoin
  • Advertise With Us
  • Join our Telegram Community
Newsletter
ItsBlockchain
  • Blockchain
  • Bitcoin
    crypto traders 2021

    Top 5 Crypto traders to follow on Twitter in 2021

    featured image

    Everything you need to know about Bitcoin IRA

    featured image

    How Bitcoin can be hacked?

    featured

    A starter guide to Bitcoin Options trading

    Featured Image

    With Bitcoin Mining Capitulation Coming to an End, Will Halving Pump Begin?

    featured image

    Technical Indicators suggests Bitcoin can crash to 7000$ in next few days

    featured image

    Why is Bitcoin a safe haven in a financial crisis

    featured image

    How to Make Money in Crypto When It Falls

    featured image

    Despite Resurrection of Old Bitcoiners, HODL Waves Indicate Bullish Accumulation

    Trending Tags

    • Altcoin
    • Crypto Lists
    • News
      bitcoin laser eyes

      Bitcoin Laser Eyes, What is it all about?

      Bitcoin Market’s Sentiments turned bullish after USA President’s recent press conference

      Bitcoin Market’s Sentiments turned bullish after USA President’s recent press conference

      featured image

      Breaking : Crypto Trading is now legal in South Korea

      RBI to allow crypto trading

      Supreme court of India decided to lift off RBI Banking BAN against Bitcoin

      featured image

      Steemit Joining TRON Ecosystem

      Reliance Jiocoin

      Reliance Jio is preparing for Jio Coin launch in 2020

      A $134 Million real estate has sold on ethereum blockchain

      A $134 Million real estate has sold on ethereum blockchain

      Hacking attacks on cryptocurrency exchanges

      Hacking Attacks on Cryptocurrency Exchanges are rising, Why?

      Bithumb Launches in India

      Bithumb Global Launches in India

    • Crypto Market
    • Guide
    • DEFI
    No Result
    View All Result
    • Blockchain
    • Bitcoin
      crypto traders 2021

      Top 5 Crypto traders to follow on Twitter in 2021

      featured image

      Everything you need to know about Bitcoin IRA

      featured image

      How Bitcoin can be hacked?

      featured

      A starter guide to Bitcoin Options trading

      Featured Image

      With Bitcoin Mining Capitulation Coming to an End, Will Halving Pump Begin?

      featured image

      Technical Indicators suggests Bitcoin can crash to 7000$ in next few days

      featured image

      Why is Bitcoin a safe haven in a financial crisis

      featured image

      How to Make Money in Crypto When It Falls

      featured image

      Despite Resurrection of Old Bitcoiners, HODL Waves Indicate Bullish Accumulation

      Trending Tags

      • Altcoin
      • Crypto Lists
      • News
        bitcoin laser eyes

        Bitcoin Laser Eyes, What is it all about?

        Bitcoin Market’s Sentiments turned bullish after USA President’s recent press conference

        Bitcoin Market’s Sentiments turned bullish after USA President’s recent press conference

        featured image

        Breaking : Crypto Trading is now legal in South Korea

        RBI to allow crypto trading

        Supreme court of India decided to lift off RBI Banking BAN against Bitcoin

        featured image

        Steemit Joining TRON Ecosystem

        Reliance Jiocoin

        Reliance Jio is preparing for Jio Coin launch in 2020

        A $134 Million real estate has sold on ethereum blockchain

        A $134 Million real estate has sold on ethereum blockchain

        Hacking attacks on cryptocurrency exchanges

        Hacking Attacks on Cryptocurrency Exchanges are rising, Why?

        Bithumb Launches in India

        Bithumb Global Launches in India

      • Crypto Market
      • Guide
      • DEFI
      No Result
      View All Result
      ItsBlockchain
      No Result
      View All Result
      Home Altcoin

      IQeon Monetizes in-game Achievements on the Blockchain

      Ramaa Mohan by Ramaa Mohan
      March 2, 2018
      in Altcoin, Cryptocurrency, ICO, Uncategorized
      0 0
      0
      IQeon Monetizes in-game Achievements on the Blockchain
      7
      SHARES
      15
      VIEWS
      Share on FacebookShare on Twitter

      Have you ever wished you could make money out of a game you’re great at? Have you ever wondered how much of it you could make? Well, if you have IQeon, may just have the answer. 

      What is IQeon?

      IQeon is a decentralized gaming eco-system that combines two worlds that are, literally, worlds apart; the world of gaming and the world of cryptocurrency. IQeon provides a classic player-vs-player platform that has the means to monetize in-game achievements. Yep, you read that right.

      How does it work?

      IQeon is working on a flexible and scalable platform for the release of new games, using which players can play them. The only difference being, you get paid for your in-game achievements. The platform is a player-vs-player platform which, in the literal sense, means just that.

      As a player, you can bet on the likelihood of you winning by pledging a certain amount of money, against another random player or even someone you know. The total bet money is bound to a smart contract and the person who wins the bet wins all the money. This allows players to monetize their intelligence with respect to the game, their in-game achievements and try their luck at the same time.

      The money, though paid in the in-house IQeon tokens (IQN), can be converted into the other cryptocurrencies and also back to fiat currency. And this is where the Blockchain is used.

      The Blockchain Use-Case.

      The payouts or the prize amount is paid to the winning player on the Ethereum Blockchain. Though all prize money will be in IQeon Tokens, it can easily be converted to other cryptocurrencies and fiat currency, too.

      One of the biggest advantages of using the blockchain is its permanence, in that the transaction records cannot be tampered with, transparency, without compromising anonymity in case someone should choose to remain anonymous and its high degree of reliability. Apart from IQeon being fully supported by the Ethereum blockchain it also uses the smart contract mechanism which ensures chances of winning and eradicates doubts about the safety of the money that is being betted upon.

      The IQeon token adheres to ERC20 Standard, which makes it easier for the platform to integrate itself and work with existing cryptocurrency infrastructure. The tokens are compatible with all existing wallet technology which in turns makes it easier for players convert them into traditional cryptocurrencies.

       

      Critical Information.

      The company has been running a main token offer ICO since the 30th of January. It is, right now, in the fifth and final stage of the ICO which ends in two weeks time, i.e, the 13th of March. Early investors are being offered a 5% bonus, which means if an investor buys n IQeon tokens now, they stand to gain an additional 5%.

      All major cryptocurrencies are being accepted and the ICO ends on 13th of March.

      The Verdict.

      IQeon essentially is building a platform where safe bets can be made and seen through. Using the blockchain the platform assures a definite chance at winning while protecting its users from schemes and fraudulent bets. It also provides a mean through which gamers can monetize their in-game achievements, giving them a real-world and tangible result to hours of gaming. The platform is also providing game developers with an entirely new platform to release their games and giving them another aspect to, possibly, integrate into their games.

       

      Overall, the project has all the tells of a good product. The team comprises of people with at least 10 years of experience in the financial market as well as the IT sector and, as a product looks very promising.

       

      But will its use pick up amongst the average gaming community? Only time will tell.  

      IBC-Transparent-Logo-(1)

      Subscribe To Our Newsletter

      Join our mailing list to receive Cryptocurrency investing and trading recommendations to your mailbox.

      You have Successfully Subscribed!

      Tags: blockchainCryptocurrenciesgamingIQeon
      Share7TweetPin

      Subscribe to get notified on latest posts.

      Unsubscribe

      Related Posts

      A simple guide to understanding FTX Bull and Bear tokens

      A simple guide to understanding FTX Bull and Bear tokens

      by Nivesh Rustgi
      February 24, 2021
      0

      FTX bull and bear are ERC20 tokens which gives 3x returns on the change in price of the underlying assets....

      featured image

      Top 10 Low market cap altcoins to invest in 2021

      by Nivesh Rustgi
      February 24, 2021
      0

      In this article, we will discuss Top 10 Low market cap altcoins to invest in 2021. The cryptocurrency market is...

      Cofounders of Ethereum : The mystery revealed now

      Cofounders of Ethereum : The mystery revealed now

      by om malviya
      February 20, 2021
      0

      In this article we will discuss cofounders of ethereum, and where are they now? Ethereum is without any doubt one...

      Top 10 Altcoins to buy on Uniswap – Part 1

      Top 10 Altcoins to buy on Uniswap – Part 1

      by Hitesh Malviya
      February 21, 2021
      0

      Bitcoin breached 50000$ price level two days ago and building nice support above this mega level. On other hand, altcoins...

      crypto traders 2021

      Top 5 Crypto traders to follow on Twitter in 2021

      by Hitesh Malviya
      February 19, 2021
      0

      Top 5 Crypto Traders to follow on twitter Twitter is a good place to seek free crypto trading advice but...

      Load More

      About Us

      We share important articles on blockchain technology here. Our mission is to spread the awareness about blockchain technology to masses through content.

      • Trending
      • Comments
      • Latest
      Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

      Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

      February 22, 2021
      Top 10 Altcoins to buy on Uniswap – Part 1

      Top 10 Altcoins to buy on Uniswap – Part 1

      February 21, 2021
      non fungible token

      Non-fungible Token(NFT): The Next Big Thing in Crypto Market

      February 18, 2021
      crypto traders 2021

      Top 5 Crypto traders to follow on Twitter in 2021

      February 19, 2021
      TOP TEN altcoins to buy in february 2021

      Top Ten Altcoins You Should Buy in February 2021 – Part 2

      February 9, 2021
      featured image

      Top 10 Low market cap altcoins to invest in 2021

      February 24, 2021
      bitcoin laser eyes

      Bitcoin Laser Eyes, What is it all about?

      February 20, 2021
      A simple guide to understanding FTX Bull and Bear tokens

      A simple guide to understanding FTX Bull and Bear tokens

      February 24, 2021
      featured image

      Top 10 Low market cap altcoins to invest in 2021

      February 24, 2021
      featured image

      Top 10 Blockchain companies in the world

      February 22, 2021
      Handle crypto Trading Losses

      How to Handle Trading Losses

      February 21, 2021
      bitcoin laser eyes

      Bitcoin Laser Eyes, What is it all about?

      February 20, 2021
      Cofounders of Ethereum : The mystery revealed now

      Cofounders of Ethereum : The mystery revealed now

      February 20, 2021
      Top 10 Altcoins to buy on Uniswap – Part 1

      Top 10 Altcoins to buy on Uniswap – Part 1

      February 21, 2021
      • Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        0 shares
        Share 0 Tweet 0
      • Top Ten Altcoins You Should Buy in February 2021 – Part 1

        0 shares
        Share 0 Tweet 0
      • Top Ten Altcoins You Should Buy in February 2021 – Part 2

        0 shares
        Share 0 Tweet 0
      • List of leading partners of Ripple, and How they use XRP?

        137 shares
        Share 137 Tweet 0
      • List of ChainLink Partnerships which skyrocketed the growth of LINK cryptocurrency

        55 shares
        Share 55 Tweet 0

      cointraffic

      ItsBlockchain

      We are India’s first and oldest Blockchain & Cryptocurrency publication platform started in 2016. We are a one-stop destination for technical analysis, cryptocurrency recommendations, and Blockchain technology resources.

      Buying Guides

      • Buy Bitcoins in India
      • Buy Bitcoins in China
      • Buy bitcoins in Russia
      • Buy Bitcoins in Japan
      • Buy Bitcoins in Turkey

      Important Links

      • Home
      • About US
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      Follow Us

      Contact us

      support@itsblockchain.com

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      No Result
      View All Result
      • About US
      • DEFI
      • Home
      • Newsletter
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.